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JSCE Business Studies 2022 Objective — Question 3

Question 3 of 100 from the Junior Secondary Certificate Examination (JSCE) Business Studies 2022 Objective paper, with the correct answer and a full explanation.

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Which of the following is a current liability?

  • A. Bill payableCorrect
  • B. Bill receivable
  • C. Stock
  • D. Cash

Explanation

A bill payable is a short-term debt owed.

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